Stock Trend Analysis Report
Prepared for you on Tuesday, May 22, 2018.
PROSHARES ULTRA-SHORT 20+ YEAR (PACF:TBT)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for TBT
The long term trend has been UP since Feb 1st, 2018 at 36.74
The intermediate term trend has been UP since Apr 19th, 2018 at 37.60
The short term trend has been UP since May 15th, 2018 at 38.23
Smart Scan Analysis for TBT
Based on a pre-defined weighted trend formula for chart analysis, TBT scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||39.86||Year High Date||2018-02-21|
|Year Low||33.98||Year Low Date||2018-01-02|
|52wk High||39.86||52wk High Date||2018-02-21|
|52wk Low||32.985||52wk Low Date||2017-09-07|
|Year End Close||63.45||Average Volume||2,852,546|